Before we get to the 800-pound bear (war), let’s cover some market basics. This would be an extraordinary market situation even without facing down a very bad bear. Brazil’s soybean exports have begun to increase and ANEC says they will hit 11.7 MMT in March. But China is buying a lot of U.S. soybeans in the gut of Brazil’s marketing period for a reason. The drought in Brazil is enabling harvesting to advance quickly. It is at 44 percent, versus 25 percent this time a year ago. But soybeans in Brazil are grown on the equivalent of 76,000 football fields. Some are in excellent shape, but many this year are average at best. Among the worst is Parána where yields are down 74 percent, and the quality is mostly po...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.